Upcoming auction of 3-year notes by the U.S. Treasury

  • U.S. Treasury to auction $56 billion in 3-year notes on Monday
  • Debt will settle on March 15, 2024 and mature on March 15, 2027
  • Federal Reserve holds $5.317 billion of maturing securities
  • Noncompetitive tenders must be received by 12:00 PM Eastern Time
  • Competitive tenders must be received by 1:00 PM Eastern Time

The U.S. Treasury plans to auction $56 billion in 3-year notes on Monday. The debt will settle on March 15, 2024 and will mature on March 15, 2027. The Federal Reserve holds $5.317 billion of maturing securities for its own account. Noncompetitive tenders for the 3-year notes, available in minimum denominations of $100, must be received by 12:00 PM Eastern Time Monday. Competitive tenders available in minimum denominations of $100, must be received by 1:00 PM Eastern Time.

Factuality Level: 10
Factuality Justification: The article provides factual information about the upcoming auction of $56 billion in 3-year notes by the U.S. Treasury. It includes details such as settlement and maturity dates, the amount held by the Federal Reserve, tender requirements, and the CUSIP number. There are no digressions, misleading information, sensationalism, bias, or logical errors present in the article.
Noise Level: 2
Noise Justification: The article provides clear and relevant information about the upcoming auction of 3-year notes by the U.S. Treasury. It sticks to the topic without any irrelevant or misleading information. The details provided are factual and can be useful for investors or individuals interested in the auction process.
Financial Relevance: Yes
Financial Markets Impacted: The auction of $56 billion in 3-year notes by the U.S. Treasury may impact the bond market and interest rates.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to financial topics as it discusses the U.S. Treasury’s plan to auction $56 billion in 3-year notes. However, there is no mention of an extreme event or its impact.
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Reported publicly: www.marketwatch.com